830 Majela Lane
About This Property
Now is the perfect time to purchase this delightful 2-bedroom, 2-full-bathroom home in the desirable Sun Park community of Hemet. With falling interest rates, you can secure a lower payment than you would have over the last 3 years, making this a prime opportunity! Tucked away at the end of a quiet cul-de-sac, this home features easy-care tile flooring, a brand-new stove in the modern kitchen with granite countertops, and ample storage. In addition to the two spacious bedrooms, there's a versatile den that could be converted into a 3rd bedroom, complete with its own private entrance. The front and back yards boast vibrant Concord grapes, perfect for low-maintenance living. Enjoy community amenities like a clubhouse, pool with direct backyard access, and walking trails-all with incredibly low HOA fees. Bonus: The seller may be willing to credit a brand-new roof with the right offer! Don't miss out-schedule your visit today!
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2024 | Sold | ||
| Sold | |||
| Oct 8, 2024 | In contract | - | |
| In contract | |||
| Sep 29, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2024 | Price Decreased |
$319,000
↓ $21K
(6.2%) | |
| Price Decreased | |||
| Aug 1, 2024 | Listed by Davis Realty Group | $339,900 | |
| Listed by Davis Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017